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The fees have nothing to do with how much money you’re sending, you could send $1 or $1,000,000 and it would cost the same thing. The fees are based on how larg
by sbenitoj 9y ago
The fees have nothing to do with how much money you’re sending, you could send $1 or $1,000,000 and it would cost the same thing. The fees are based on how large the transaction is (in terms of kilobytes, that is, not amount). Some transactions have more inputs/outputs than others (and thus take up more space in terms of kilobytes than others) but that’s not a function of the amount being sent.